INITIAL INFO Available now! PROPERTY SUMMARY Welcome to 541 Foam Street, a unique and inviting one-bedroom, 1.5-bath home offering privacy, comfort, and an excellent Monterey location. Set behind a gated entrance, this home features a generous floor plan with a gourmet kitchen, comfortable living room, dining nook, dedicated office space, and separate laundry room. The private patio provides a peaceful outdoor space for relaxing or entertaining. Upstairs, the spacious bedroom enjoys ocean views, creating a bright and relaxing retreat. Thoughtful design and ample storage throughout give the home an upscale, loft-like feel while providing plenty of functional living space. Conveniently located in Monterey, 541 Foam Street offers excellent walkability to nearby restaurants, shops, and everyday conveniences, with Cannery Row, the waterfront, and many of Monterey's attractions just minutes away. A rare opportunity for those looking for a distinctive Monterey home combining privacy, ocean views, outdoor space, and a highly walkable location. Number of bedrooms: one (1) Number of baths: one and one-half (1.5) Square footage of the duplex: 1000 Floor plan type: two-story Type of parking: Street Laundry: In-Unit Utilities included: Utilities are not included in rent. The following pets are allowed (). APPLICATION REQUIREMENTS Each applicant 18 years and older must complete an application at RentEngine. Meet company qualifying requirements. Able to take possession of property within 30 days of availability date. Must have excellent credit, employment and rental history background. Favorable responses from references. Evidence that applicant has the financial ability to pay the rent along with their other obligations. No cosigners or guarantors will be accepted. Proof of income showing a rent to income ratio of 3 to 1 in the form of pay stubs, W-2 form, tax returns, bank statements, LES, or other documents. We are unable to process applications if the Rent Engine application or PetScreening profile is incomplete or missing, or if not all applicants have applied. Incorrect/misinformation/missing information may delay the processing of your application or may disqualify you as a prospective renter. All verifiable sources of income will be considered. Pursuant to Cal. Govt. Code 12955(o), for applicants with rental vouchers or subsidies, the income threshold will be calculated based on the amount of rent that will be paid by the tenant (not the entire rent amount). FEES AND INITIAL PAYMENTS Application fee: $59/adult. Lease admin fee: $300.00, due at signing. First month's rent: $3500.00, due at signing. Security deposit: $3500.00, due at signing. UPON APPROVAL Proof of renter's insurance (minimum $100,000 liability and $25,000 contents coverage) with landlord named as additional insured (note that the cost of this coverage is approximately $250 per year) is required of all residents. Renter's insurance Declaration Page to be submitted in conjunction with signing the rental agreement. We operate on a first come, first served, and first qualified basis. We will never ask for Venmo, Zelle, CashApp, or PayPal to collect funds. If you suspect an ad has been posted by someone impersonating us or a property owner for whom we manage, please email us the information. Your security is important to us. AGENT INFO - Name: Chris Dinner - CalDRE #: 02287160 Monterey Bay Property Management provides housing opportunities without regard to the perception that one is from a protected class or is associated with one from a protected class, or any classification protected by applicable federal, state or local law, or any other arbitrary reason. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
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